Nadep Laghubitta proposes 10% bonus shares; Paid-up capital to reach Rs 40.48 crore after adjustment bonus

Sun, Jun 28, 2020 10:56 AM on Dividend, Bonus & Rights, Latest,
Nadep Lagh...

NADEP Laghubitta Bittiya Sanstha Limited (NADEP) has proposed 10% bonus shares for the FY 2075/76.

As per the notice published in NEPSE, the microfinance company has proposed 10% bonus shares worth Rs 3.68 crore and Rs 19.36 lakh as cash for tax purposes.

The decision taken by the 118th BOD meeting of the microfinance company is subject to approval from Nepal Rastra Bank and the upcoming AGM of the company.

After the adjustment of 10% bonus shares, the paid-up capital of the company will reach Rs 40.48 crore.